Depends. Some customers do run a lot of "pets, not cattle" servers, and those can get a few extra hard disks if space runs out. Some security guidelines prescribe separate volumes/filesystems for e.g. /home or /var/log, so log spam doesn't kill the whole system as easily. But of course, this means that sometimes the initial sizes aren't right and you need to extend something. In those cases, which happen a few times per year, not using LVM would be a huge problem.
But even for the "frequently reinstalled cattle"-usecase, LVM has benefits, e.g. snapshots for backups, debugging and forensics.
But even for the "frequently reinstalled cattle"-usecase, LVM has benefits, e.g. snapshots for backups, debugging and forensics.